Common use of Principals and Customers Clause in Contracts

Principals and Customers. For purposes of construing the ------------------------ provisions of this Section 7, any and all persons, firms and entities for whom the Employer performs services, to whom the Employer sells or from whom the Employer solicits and obtains orders, in the course of its business, are and shall be deemed the principals and/or customers of the Employer (or its principals), both during and after the Term, notwithstanding the fact that some or all of said persons, firms or entities may have been induced to give their business to the Employer by the solicitation by the Executive, or by someone on his or her behalf, either during the usual working hours of the Executive or otherwise, and notwithstanding the fact that all or some of such persons, firms or entities may have previously been principals or customers of (i) the Executive, (ii) any corporation or other entity with which the Executive was formerly employed or which was controlled or owned, in whole or in part, by the Executive, or (iii) any principal of such corporation or entity.

Principals and Customers. For purposes of construing the ------------------------ provisions of this Section 7, any and all persons, firms and entities for whom the Employer performs services, to whom the Employer sells or from whom the Employer solicits and obtains orders, in the course of its business, are and shall be deemed the principals and/or customers of the Employer (or its principals), both during and after the Termperiod of the Executive's employment with the Employer, notwithstanding the fact that some or all of said persons, firms or entities may have been induced to give their business to the Employer by the solicitation by the Executive, or by someone on his or her behalf, either during the usual working hours of the Executive or otherwise, and notwithstanding the fact that all or some of such persons, firms or entities may have previously been principals or customers of (i) the Executive, (ii) any corporation or other entity with which the Executive was formerly employed or which was controlled or owned, in whole or in part, by the Executive, or (iii) any principal of such corporation or entity.